X Financial (NYSE:XYF) Short Interest Up 258.7% in February

X Financial (NYSE:XYF) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 16,500 shares, an increase of 258.7% from the January 31st total of 4,600 shares. Based on an average daily volume of 55,200 shares, the days-to-cover ratio is presently 0.3 days.

X Financial Price Performance

XYF traded down $0.37 during trading on Friday, reaching $10.23. 30,110 shares of the stock were exchanged, compared to its average volume of 33,185. The business’s 50 day moving average price is $8.36 and its two-hundred day moving average price is $6.91. The company has a market capitalization of $500.32 million, a price-to-earnings ratio of 2.70 and a beta of 0.31. X Financial has a 1 year low of $3.48 and a 1 year high of $12.37.

X Financial (NYSE:XYF) last released its quarterly earnings results on Tuesday, November 26th. The company reported $1.24 earnings per share for the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%.

X Financial Company Profile

X Financial provides personal finance services in the People’s Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.